For the purposes of mortgage lending it is condiered the same as a foreclosure. Two years minimum. I have seen portfolio lenders do it less than 6 months after but only bec ... more
Something is not right if your quote has changed that much.
Yes PHFA is high, but you may be better off with either FHA or USDA.
lease call me to discuss.
You should know that you're not alone. As a REALTOR & buyer speciaist in this area, I have worked with local mortgage professionals to help buyers in your ... more
I wish I could give you an answer to this as I feel your pain. But, you will need to wait and see what your Mortgage Advisor tells you. It does not make any sense t ... more